Answer:
C) The investor should suspend applying the equity method and not record any equity in income of investee until its share of future profits is sufficient to recover losses that have not previously been recorded.
Answer:
d. Mixed
Explanation:
Economic system refers to the system adopted by the nation that helps in the economic stability and its organization. The distribution of the resources, means of production, distribution of finished products and the formation of rules regarding these steps are all part of economic system.
In mixed economic system, government and private sector both plays an important role. Policies are made and implicated by the government sector while the private sector helps in enhancing the production.
In the given excerpt, the economic system that has been adopted is Mixed economic system.
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Answer:
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The Treaty of Paris was signed on February 10, 1763, officially bringing an end to the French and Indian War. The British were awarded Canada, Louisiana and Florida (the latter from Spain), thereby removing European rivals and opening up North America for Westward expansion.
Explanation:
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